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his department is better equipped to deal with cyber threats. leon panetta has revealed military programmers made advances that make it easier to track down hackers. panetta warned of the damage cyberattacks against infrastructure such as water or power plants or transportation systems could cause. he says his department has developed the capability to locate perpetrators even before they strike. >> over the last two years, d.o.d. has made significant investments in forensics to address this problem of attribution. and we're seeing the returns on that investment. >> panetta says a cyberplot by a nation or extremist group could be as destructive as the 9/11 attacks and could paralyze the u.s. the secretary expressed concern about the cyber capabilities of china, russia, and iran. he says the government and private sector must share information in order for the military to defend the nation's networks and interests more effectively. >>> a memorial ceremony was held on a friday in indonesia to mark the tenth anniversary of the terrorist bombing on the island that left more than 200
the transportation system, military networks, and military systems. secretary panetta's remarks came yesterday in new york city. >> frank, five words. you deserve to be here. [applause] ladies and gentlemen, it is now and high honor to introduce the most talented, versatile, and experienced leaders in american government, a man who serves our country by meeting the extraordinary challenges of our times. i am sure secretary of defense, leon panetta thinks on his days in the u.s. army intelligence where he received the army accommodation metal. he chaired the house budget committee before moving on to be the director was office management budget. from there, president clinton tapped him to be white house chief of staff. as directer of central intelligence, leon pa panetta me many critical decisions, but more recently, one particularly outstanding, and a public contribution to the defense of the united states of america, and to our very own new york city. he oversaw the successful and daring mission that ended the life of one osama bin laden. [applause] thank you, mr. secretary. the persistence, courage
leon panetta talked about the role of the defense department in protecting the nation's critical infrastructure from cyber security threats. he spoke from new york city. he urged congress to pass the cyber security bill that was brought in august from the senate. this is about 40 minutes. >> frank -- five words -- you deserve to be here. ladies and gentlemen, it is my great pleasure and high honor to introduce one of the most talented, reverse the talk, and experienced leaders in american government. he served our country by meeting the extraordinary challenges of our time. leon panetta things back on his days as a first lieutenant in the u.s. army intelligence. he received a medal. as a member of congress, he chaired the house legislature committee before moving on to the director of a budget. from there president clinton tapped him to become the white house chief of staff. as director of central intelligence, leon panetta made many critical decisions. he made a very public contribution to the united states of america and to our very own new york city. he oversaw this daring mis
call. >> these kinds of attacks could be a cyber pearl harbor. >> a cyber pearl harbor. leon panetta pledging tough pentagon action in response to these potential cyber attacks targeting critical u.s. control systems. eamon javers life from washington next on what it could cost corporate america. >>> and then later, is amazon's billionaire founder and ceo on to something huge? confirming the online retailer says its kindle e-readers get sold at cost, but it actually profits from the subsequent online sales connected to them. we're going to debate the merits of this kind of business model in the back half of the show. >>> also ahead, wouldn't it be cool to be larry ellison just for a day? the third richest man in america who just bought an entire hawaiian island hinting to maria just a few weeks ago about what could be his next acquisition target. wait until you hear what he's set his sights on. work. and his new boss told him two things -- cook what you love, and save your money. joe doesn't know it yet, but he'll work his way up from busser to waiter to chef before opening a restaur
. >>> a cyber pearl harbor. defense secretary panetta says the risk of a devastating cyber attack is all too real. >>> and nobel prizes and chocolate. the curious connection between the prestigious prize and the sweet treat. captions paid for by nbc-universal television >>> good morning. i'm lynn berry. well, joe biden and paul ryan went head to head in their only face-off of the campaign. the two vp candidates clashed on almost every issue, but who won? well, two post debate polls give us very different views. a cnn/orc flash poll found paul ryan four points ahead of joe biden 48 to 44% among likely voters who watched the debate. but cbs news' flash poll of uncommitted voters gave biden the win with 50% compared to 31% for ryan and 19% called the debate a tie. well, for a look at some of the highlights from last night's debate we go now to nbc's steve handelsman. he is at the debate site in danville, kentucky. steve, good morning. >> reporter: lynn, thanks. good morning from danville, kentucky, where they differed sharply on practically all the big issues, but these are smart, well-informed
. in a security warning from leon panetta. he says cyber threats are growing in the country. in what he calls a cyber-pearl harbor. last night leon panetta said attackers and russia, china and iran are attacking systems that guide transportation. >> the internet is open. it is hardly accessible, as it should be. but that also presents a new terrain for warfare. >> he says the pentagon is prepared to take action if america is threatened by a computer assault. 24 members of the air force national guard were able to reunite with their families. this after spending six months training soldiers. welcome home. tonight at 5:00 p.m. -- an inspiring story of a soldier to had to relearn how to be a doctor after a serious brain injury. is now training for a race to support wounded warriors 30 had to learn how to walk run and be a doctor again. his amazing journey coming up tonight at 5:00 p.m. and the nationals are facing a big hurdle. it is do or die time against the cardinals. adam caskey joins us from nationals park. fans will have to bundle up. >> ground game time we are talking temperatures in the
. what defense secretary leon panetta is saying about the attack. very latest in a live report. úwa >>. >> gregg: welcome back. bottom of the hour, time for the top of the news. one month away from election day. president obama taking some time off the campaign trail this weekend while governor romney is scheduled to speak at a campaign rally in battleground state of florida tonight. >> heather: a tour bus overturns in new jersey exit and 19 people were hurt including children. cause of the crash unclear. >> gregg: a firefight between turkey and syria continues for a fourth straight day today. it all began when a syrian border shell landed near a turkish village killing five civilians. turkey has been firing into syria every day since. >> heather: defense secretary leon panetta weighing in on the deadly attack in libya. he says that the u.s. is now investigating a potential new lead in the case. this as new questions arise about whether the obama administration could have done more to protect the four americans who were murdered in the terrorist attack. peter doocy has more from was
with the latest. >> reporter: it was a landmark speech by defense secretary leon panetta last night and it was in front of a business audience in new york that he addressed the crowd and went further than he's gone before in talking about the potential for cyber war. secretary panetta saying that the united states has already seen specific instances where foreign attackers have gotten in to u.s. infrastructure software. he said that is part of the problem here. take a listen. >> we also know that they are seeking to create advance tools to attack these systems and cause panic and destruction and even the loss of life. >> reporter: panetta also said that he wants to partner with american business here. he says the key is for the pentagon and business to work closely together. but business not necessarily jumping on-board with this automatically. they fought back against what they call new regulations. i talked to some folks over at the chamber of commerce. here's what they had to say. they said the optimal way forward will not be found in layering additional regulations on the busine
leon panetta says, the united states could face a quote, cyber pearl harbor. former cybersecurity chief howard schmidt will be along. he will tell us what the government should be doing to protect america. lori: that is it quite concerning. ashley: the banks can't seem to protect themselves. it will be interesting to speak to him. as we do every 15 minutes, let's head down to the floor of nyse, heading lower. >> ashley, essentially lower all week. we're going to close down for the week at this rate. let's look at the s&p 500 now. the level to watch is essentially right where we are, 1428. that is the 50-day moving average. if we close below that level today which is entirely likely, that might signal more of a downturn and suggesting that this rally we've essentially seen all summer is over. so that is something that definitely worth discussing and looking at as we test this key support level. as for the tech-heavy nasdaq, it's been down for six days in a row now. like you said earlier, when you were introing the show, that would be the longest and worst losing streak since november of
at the sbreppid panetta warned the u.s. is facing the possibility of a pearl harbor that could shut down the networks and critical network systems. this is about 40 minutes. >> frank, five words, you deserve to be here. ladies and gentlemen, it is now my great pleasure and high honor to introduce one of the most talented and experienced lead ners american government. a mon who serves our country by meeting the extraordinary challenges of our times. i'm sure secretary of defense panetta thinks back to his days in the u.s. intelligence where he received the accommodation medal. as a member of congress he chared the committee. from there president clinton tapped him to become chief of staff. lee on panetta made and very public contribution to the defense of the united states of america and to our very own new york city. he oversaw the successful and daring mission that ended the life of one osama bin lad din t. persistence, courage and tenacity required to accomplish this remind me of a quote from president kennedy let every nation know that wishes us ill should pay any price be any hardshi
in florida that could hamper this effort. that's at 7:15 eastern time. >>> defense secretary leon panetta warns that the u.s. is facing a potential cyberpearl harbor. top officials say iranian hackers are striking u.s. banks and companies. details are next. jack, you're a little boring. boring. boring. [ jack ] after lauren broke up with me, i went to the citi private pass page and decided to be...not boring. that's how i met marilyn... giada... really good. yes! [ jack ] ...and alicia. ♪ this girl is on fire [ male announcer ] use any citi card to get the benefits of private pass. more concerts, more events, more experiences. [ jack ] hey, who's boring now? [ male announcer ] get more access with the citi card. [ crowd cheering, mouse clicks ] we don't let frequent heartburn come between us and what we love. so if you're one of them people who gets heartburn and then treats day after day... block the acid with prilosec otc and don't get heartburn in the first place! [ male announcer ] one pill each morning. 24 hours. zero heartburn. >>> egypt's capital is on edge this morning. fierce c
? [ cheers and applause ] >>> defense secretary leon panetta issuing the warning that the u.s. is facing a possibility of cyber pearl harbor. our eamon javers is live in washington with more on what took people by surprise when this came out. >> that's right, carl, it was a landmark speech by defense secretary leon panetta in new york addressing a business group and making a point the united states needs to do more to fend off a potential cyber attack and panetta went further than he's gone before saying the u.s. has been aware of specific incidents where attackers tried to gain control of american infrastructure assets. >> we also know that they are seeking to create advanced tools to attack these systems and cause panic and destruction and even the loss of life. >> panetta also saying the key for american defense in this cyber war is a partnership between the pentagon and the u.s. business community, the pentagon saying they need to work with american companies in order to fend off the next attack. >> we've got to work with the business community to develop baseline standards for our m
? that was defense secretary leon panetta talking about cyber attacks linked to countries like china, russia and iran saying u.s. banks have already been hit and we need to defend our nation's networks before critical elements of our infrastructure are targeted. national security correspondent jennifer griffin is live from the pentagon. interesting comparison to 9/11. why did mr. panetta choose this moment at this time to issue a warning. >> reporter: the secretary believes this is the pre-9/11 moment when it comes to potential of a cyber-terrorist attack. his real message seems to have been for iran. >> potential aggressors should be aware that the united states has the capacity to locate them, and to hold them accountable for their actions that may try to harm america. >> reporter: the pentagon is spending $3 billion a year on cybersecurity but panetta's message was really to other nations about the u.s. military's offensive capability when it comes to cyber, jenna. jenna: something really interesting happened when he gave this talk. he described previous attacks that were classified. did he say wh
that ongoing war has stirred up tensions between the u.s. and afghanistan, defense secretary leon panetta says afghan president should be grateful the u.s. continues to safeguard that country. >> coalition troops are expected to leave afghanistan by the end of 2014. afghanistan is threatening to request china for help if the u.s. cuts off supplies. more protestors plan to rally in oakland tonight. they will launch a protest called mission failure. the rally starts at 6:00 p.m.. >>> it's the fifth day in a row that fire has been exchanged over the border of turkey and syria and leon panetta says it's something to be concerned about. the clashes could escalate and spread to neighboring countries. the u.s. is relaying concerns about the continuing fire between the two countries. five turkish civilians were killed on wednesday. >>> tensions could escalate between north and south korea. south korea announced the u.s. will allow seoul to develop longer range missiles that could strike all of north korea. in 2001 the u.s. persuaded seoul to ban missiles with a payload of more than 100 pounds. it's be
placing charges against him. >>> there are insider attacks in afghanistan. leon panetta said they are doing all they can to stop the attacks but insurgence are dressing in their uniforms and they are still training them. they are concerned about those attacks but they are continuing to train them. >>> allison burns is in our washington d.c. newsroom with why it's still difficult for him to beat president barack obama. >> reporter: both candidates will be in ohio today. president barack obama at this point still seems to have the best path to victory which leads in key swing states giving the mitt romney team some encouragement. it shows 4 points among likely voters and -- likely voters. the poll also shows coming out of last week's debate in denver, mitt romney's personal likability has made gains among women voters. >> that was a good debate. >> reporter: but they are bringing out the big guns to fight, using big bird aiming at mitt romney's plan to cut subsidies. >> the evil genius who towered over them, one man has the guts to speak his name. >> big bird. >> reporter: repo
of mitigating circumstances including that gabriel had no previous record. >>> defense secretary leon panetta says u.s. officials are investigating the arrest of two men reportedly connected to the deadly embassy attack in libya. the two tunisian men were arrested wednesday but it is unclear whether they are considered suspects. the u.s. ambassador to libya along with three other americans were killed in an attack on the embassy on september 11th. panetta says officials are still looking into whether the men were connected to al qaeda. >>> the fbi says friendly fire is likely to blame for the death of a federal agent in arizona. nicholas ivy was killed and another agent injured in tuesday's shooting. police have arrested two men who could be connected to the incident. the agents were responding to an alarm that was going off near the arizona/mexico border when they came under fire. >>> a chinese factory that produces iphones is shut down for now as thousands of workers have gone on strike. the employees at fox con factory are upset over increased quality control demands and being forced to wo
that naturally happens. but leon panetta said we don't want to buy the same horse twice. we don't want to see buying into the same to cost the lives of the people. >> to pay and his outspoken and very strong comments is the example to be admired. your government has spoken out forcefully of the abuses of the regime and our government could take a lesson from new. >> i work closely with your government japan also have a special envoy for north korea human-rights and reworked closely for number of years. given it is highly unlikely the regime will fall because of the external force it does not seem apparent although no one never knows, the the to that supports the regime will dump him and who knows what would emerge? the best chance for change is from within the north korea community itself. the more light that is shed the more likely is to re-emerge a significant number are getting access to information something that did not exist 10 years ago. to the extent the japanese government can facilitate more radio transmissions into north korea those that are willing to support who can really shed l
to ambassador rice. she all said they would get back to her. leon panetta actually held her face in his hands and said, we'll get back to you with what happened. she had yet to hear from the white house until this week and still hasn't gotten answers. and so you've got a woman in mourning, a mother, who now is saying, they won't tell me how my son died, but they're telling me it's about a video. you have to turn in tonight. she's one determined woman and she's entitled to answers and she's not getting them. >> eric: it's almost amazing she doesn't have any of these details and she said she cried on president obama's shoulder? >> you're right. she said that she cried on his shoulder and she said to him, whisper in my ear if you can't tell me publicly, tell me what happened to my only son. and the president spoke to her and said they'd get back to her. he would get back to her and, of course, no one has. >> brian: judge, we will be looking forward to that interview and to find out exactly what miss smith is saying to you because i can't imagine how she's feeling at this moment. >> we look forwa
with turkey. leon panetta made the announcement in brussels this morning. the u.s. will offer humanitarian aid to refugees entering jordan and monitor use of chemical and biological use of weapons in syria. >>> mitt romney is making gains since the debate of last week. a new poll has him leading 49% to 47%. president obama leads a separate poll with registered voters. stuff that keeps coming up, no republican has won an election without winning ohio. >> it's me, big bird. >> big, yellow, a menace to our economy. >> the producers of "sesame street" are not happy with this. the workshop wants president obama to stop running it now. the ad mocks romney in last week's debate when he vowed to end public funding for broadcasting. they are a nonpartisan, nonprofit and don't get involved in politics. they are reviewing the concerns. >>> people are gathering outside the supreme court for a rally. the nine justices are hearing the case. fisher says she was denied admission to the university of texas in 2008 because she is white. they said she fell outside the top 10% of her class. a decision is not expe
and labor income if the cuts go through. >>> leon panetta said the u.s. sent troops to the border of syria and libya for possible cross-cultural violence. the u.s. has been working with jordan to monitor chemical and biological weapon's sites in syria and to have them deal with refugees pouring over the border from syria. the u.s. will, the u.s. presence will establish a headquarters and beef up jordan's military capabilities should violence erupt on the border. >>> fireworks at a hearing on capitol hill today. trying to defend the obama administration's handling of the terrorist attack on the american consulate in libya. the attack killed a u.s. embass door and three other americans. tom fitzgerald is following this. this is a political battle. >> reporter: it really has and showed no sign of letting up. the republicans have been accusing the obama administration of not doing enough to protect the consulate, while democrats say the focus should be on fining who was responsible for that attack in ben ghazi on september 11th, not the deciding blame. obama administration officials headed to
, you just don't know any facts. first of all, one little fact, i really wonder whether mr. panetta who talked about the smallest number of ships since 1915, said that in a letter to your former boss, senator mccain, would really be happy to give this argument is ridiculous. wasn't a republican who made that case. it was mr. panetta. number one. number two, the navy is going to be bigger because i funded the ships that are being built. it takes a few years to get them out to see. look at the pattern of naval spending, and the number of ships over the next few years. the air force, rich was very careful to talk about platforms, not aircraft. why? because he's talking about drones. not just planes. you want to watch this very, very carefully. i'm not saying rich wasn't giving you facts. i'm saying that it's a reflection of this administration that when it comes to worst, there's a lot of -- there's an awful lot of fancy footwork. finally, defense going up, it's not going up in real terms. it's going up in nominal terms. big difference. and i come back to the point, why has this administra
and that is the sequester. we know that mr. panetta, the secretary of defense, said that it would be a disaster, as it would be. and i would refer you to the chapter. where did that originate? where did that idea come from? it turns out that it can from the white house. it turns out he had a meeting with senator reid and congresswoman pelosi and suggested this. and initially and apparently they were not keen on the idea. now how much does the defense amount to percentage wise in terms of the problem that we as a nation face? if you talk about giving budgetary spending every year, discretionary spending, it is 50%. if you talk about the problem that includes entitlements, it is 13%. if you want to look at the $55 billion coming out of the sequestered, that works out to about 1.4% of our overall problem. but better than 10% of the defense budget. are you going to tell me that the solution to the national financial problem is cutting defense? and by the way, do you honestly think that the mothers in iran, that the north koreans, but the radical muslims including al qaeda which have been defeated but now it tur
't there more focus on the substance of the debate? that's next. >>> also ahead, defense secretary leon panetta says the u.s. is at risk of a cyber pearl harbor. who could be behind such an attack? how do we prevent it? that's later on the "closing bell." tdd#: 1-800-345-2550 when i'm trading, i'm totally focused. tdd#: 1-800-345-2550 tdd#: 1-800-345-2550 and the streetsmart edge trading platform from charles schwab... tdd#: 1-800-345-2550 gives me tools that help me find opportunities more easily. tdd#: 1-800-345-2550 i can even access it from the cloud and trade on any computer. tdd#: 1-800-345-2550 and with schwab mobile, tdd#: 1-800-345-2550 i can focus on trading anyplace, anytime... tdd#: 1-800-345-2550 until i choose to focus on something else. tdd#: 1-800-345-2550 trade at charles schwab for $8.95 a trade. tdd#: 1-800-345-2550 open an account and trade up to tdd#: 1-800-345-2550 6 months commission-free online equity trading tdd#: 1-800-345-2550 with a $50,000 deposit. tdd#: 1-800-345-2550 call 1-866-294-5412. stop! stop! stop! come back here! humans -- we are beautifully imperfect crea
secretary leon panetta warned thursday of a possible "cyber pearl harbor". he promised "decisive action" to meet any threat. russia insisted today that a syrian airliner was carrying legal cargo when it was forced to land in turkey this week. foreign minister sergei lavrov said the shipment consisted of russian radar parts, but no weapons. turkish descriptions have ranged from ammunition to missile parts that the syrian government meant to use against rebels. an outbreak of fungal meningitis has now spread to dozen u.s. states. the centers for disease control reported today that 184 cases have been confirmed, as a result of tainted steroid injections. 14 people have died. for an update, i'm joined by denise grady of "the new york times." it was just almost a week ago or a little long ter that we only had a dozen case, how is it that we have so many cases discovered so quickly? >> people are starting to have symptoms there is an incubation period for this disease. and more and more people seem to be starting to have symptoms. and the doctors are on the alert for it all the people who hav
secretary leon panetta issued a warning about cyber security in the country and warned by a "cyber pearl harbor" saying the u.s. is becoming increasingly vulnerable to foreign attackers who could disable our power grids or transportation or even our money system. >>> greene and blue attacks when individuals wearing afghan military or police uniforms turn their guns on u.s. and nato troops. fox news senior military analyst lieutenant colonel oliver north streaming live from helmund province in afghanistan. what are you seeing where you are? >> that i tow commanders say that the recent green on blue attacks have failed to drive a wedge between u.s. and afghan troops. before coming here to helmund province we went to their special police training center to see for ourselves. those are afghan special police at the nato training is center. they are hand picked police officers sent here for advanced training to master skills necessary to protect the afghan people from the taliban. training here is conducted by nato special operators and experienced american law officers. this year, 600 graduat
, defense secretary leon panetta warns the u.s. is in a pre-9/11 moment and must beef up its cyber defenses. panetta noted a significant spike in cyber attacks and says the defense department is aggressively working on its defensive and offensive responses. >>> after claims of suffering a slow death because he is too tall for his small cell, conrad murray has been moved to a bigger cell. the doctor convicted in the death of michael jackson is now in a cell measuring 8 feet by 10 feet, but his lawyers say it's not a good thing. the old cell had open bars and he could rest his legs on when he stretched. the new one has a solid door. >> a minnesota woman has filed what's believed to be the first lawsuit in the current meningitis outbreak. the woman claims she was injected from the pharmacy. there were 170 cases of fungal meningitis linked to those steroid injection and 14 people have died. >>> during the vice presidential debate joe biden, paul ryan took turns pitching medicare proposals while trying to -- the plans and explains what the two sides are really offering. >> hi, don. there's just
about ameri ber security. leon panetta spoke to business leaders in new york. told them some recent large scale hacking incidents show power grids and transportation systems are vulnerable to electronic attack. panetta wants congress to urgently pass cyber security legislation. the nobel peace prize this year goes to the european union. the 27-nation was honored for its work promoting democracynd reconciliation since world war ii. the committee also praised it econ5zj cs.and this is amazing. a spectacular sight in los angeles today. the space shuttle endeavour is rolling through the streets headed to its final resting place, the california science center. the 12-mile trip will take two days, and crdsre lining the route to get a glimpse of the shuttle before it goes on display october 30th. and now we return you to our encore showing of last night's vice presidential debate. >> i would like to move on to afghanistan, and that's one of the biggest expenditures this country has made. in dollars and more importantly, in lives. we just pas sad milestone ofosing 2,00 u.s. troops there in
panetta saying that it is too early to tell if there is a connection between those two men and the al qaeda. >> that deadly manameningitis. with califorreceiving shots froh that has been recalled. it originated and the state of massachusetts. 135 death-- there been five deaths -- associate with this batch. 75 medical facilities have received this. >> 3 c. of coffee a day could increase oroszko glaucoma. the risk of getting a certain type of -- increasing your risk. if you consume more than 3 c. of cabinet coffee per day. it was not found in other caffeinated beverages such as soft drinks or hot tea. >> still to come we have more blue angels coverage. people are anxiously awaiting at the gates. to get a good spot. >> we will see that these families are there at 6:00 a.m. and will get a live look. san jose, but it should clear. >> owe are taking a look at the bay bridge approach. a lot of that heavy fog. impacting drivers. particularly on the golden gate. >> let us get the forecast which is expected to be a very busy weekend. >> if you said golden gate bridge? let me show you this live
, have about $225 billion of cuts spread across government and secretary panetta said we can find savings. just don't give us a number that's too ugly or big. there are specifics and things we can do this year to avoid the sequestration effect. >> mr. kaine, this week the u.s. supreme court is going to tackle the issue of affirmative action. do you think a college applicant's race should be a factor in whether or not they're admitted to a virginia college? >> the supreme court will tackle this case, which i think they last sort of dealt with in two cases from the university of michigan in the early part of the 2000's. the issue there and issue spending today, do our public colleges accept students and student body that sort of look like the state or look like the population they serve? my kids have gone to the public schools in richmond. they've come up in classrooms that are extremely diverse. they've gotten really good academic education but they've also really gotten spectacular education in living with the folks who are the real virginia today. we're increasingly diverse state and tha
. the president is on record as opposing those. secretary panetta is on record opposing those. no one wants those to happen. so that is not the plan of this president in any shape or form. what is the plan of this president is a plan that he devised with the full participation and support of the joint chiefs of staff and the combatant commanders, and it lays out a four-year defense plan that keeps our military, the best in the world, and keeps faith with the troops and their families. >> all right. we're going to have to leave it there, and obviously we'll be paying very close attention to the debate with these two regarding foreign policy. that will be the third and final debate between the two. thank you very much. appreciate it. >>> he faced his strongest challenge yet, and he won, but despite his victory, hugo chavez still has obstacles to overcome. we'll take a look at the path forward for the venezuelan president as well as his country. ♪ (train horn) vo: wherever our trains go, the economy comes to life. norfolk southern. one line, infinite possibilities. why they're always there to talk
force on the border on the jordanian side of the syrian border, secretary panetta described it today as aiding the jordanians, but having american troops that close to what is going on in syria -- is that not an escalation? >> we have always said that contingency planning is the responsible thing to do, and we have been working closely with it -- for some time with our partners. jordan has been taking an important role. as we have seen with the syrian regime's violations last week of turkish sovereignty, our partners in the region are greatly affected by assad's brutal campaign, so we will continue to coordinate closely with our partners moving forward as we have in the past. >> u.s. boots on the ground right next to a war zone -- is this an escalation? >> it is not an escalation. it is working with a partner to deal with the impacts of assad's brutality. >> as you know, many of the administration's critics would like to see a more active role by these troops. >> our position on providing military legal assistance has not changed. it is our position that what is needed in syria is no
the service. we are very closely partnering with the department of veterans affairs and rich secretary panetta, getting ready for the meetings, naturally. but the issue is that we are seeing transition as a career long activity. what that illuminates is that you can credentialed people. you can get a welding certificate that is portable across the united states if you are a welder. truck drivers, electricians, communications resource. the tougher ones are tankers and infantrymen. we are working with them to transition over time. and not just at the end of their career. >> today we have a veteran that attended georgetown and the university of oxford. costs for oxford or one 10th of georgetown. would you ask american private universities to provide best affordable education in comparison to overseas education >> well, first of all, you have to be a pretty smart son of of it, don't you? [laughter] [laughter] i think the educational benefits that have come online, well, there is a five minute warning. i didn't notice that. the educational benefits are very important. the new g.i. bill, it does pro
something about, i think. and that is the sequester. now, we know that mr. panetta, our secretary of defense, has said the sequester would be a disaster. as it would be. and i refer to him for chapter and verse about the size of the navy, the air force, the army. where did that originate? where did that idea come from? turns out it came from the white house. turns out mr. jack lew had a meeting with senator reid and congresswoman pelosi and suggested this. and initially, apparently, they weren't too keen on the idea until defense was thrown in. now, how much does defense really amount to percentage wise in terms of the problem we as a nation face? if you talk about given budgetary spending every year, discretionary spending, defense is pretty nigh on 50%. if you talk about the real problem which includes entitlements, defense is 14%. if you look at the $55-odd billion coming out of the sequester, that works out to about 1.4% of our overall problem. but better than 10% of the defense budget. now, are you going to tell me that the solution to our national financial problems is cutting defense?
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